Universal Music, Warner and Sony are also known as the three major record companies in the world.

It is mainly engaged in the three businesses of recording, publishing and selling music. It has 3 million records, including well-known artists from various periods such as ABBA, U2, The Rolling Stones, Elton John, Lady Gaga, Taylor Swift, etc.

In the past 2020, Universal Music’s artists occupied four of the top five global artists selected by the streaming media Spotify, won Apple Music’s Artist and Composer of the Year awards, and swept the international record charts. Top ten artists selected by the industry association.

Driven by the explosive growth of streaming music and the surge in vinyl record sales, Universal Music achieved revenue of 7.432 billion euros last year, the sixth consecutive fiscal year of growth, and profit attributable to shareholders of 1.366 billion euros.

In the semi-annual report as of June 30, 2021, the company achieved revenue of 3.831 billion euros, a year-on-year increase of 10.7%. However, actual profits declined due to the increase in financial expenses. Among them, the music recording business achieved revenue of 3.137 billion euros, while publishing and sales revenue were 564 million euros and 138 million euros respectively.